1inch reported mixed Q1 2026 results, with its limit order protocol on BNB Chain surging 52.7% quarter-over-quarter to reach $24.0 million in average daily trading volume, even as its broader market position weakened across other key metrics.
The protocol's gains on BNB Chain contrasted sharply with deteriorating performance elsewhere. The 1inch Limit Order Protocol (LOP) saw its market share collapse 90.9%, while average daily volume on the Aggregation Protocol dropped 60.3% and 1inch Fusion declined 26.5% from the prior quarter. The platform's overall share of DEX aggregation transaction volume across deployed networks fell 8.2%.
The divergence suggests concentrated strength in a single chain may mask broader weakness in the decentralized exchange aggregator's competitive standing. 1inch's reliance on BNB Chain growth appears insufficient to offset significant volume losses in its core aggregation infrastructure and emerging products, raising questions about user retention and market adoption across its portfolio of trading solutions.